2404 Southport Tack
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 1, 2026 | Sold | ||
| Sold | |||
| Mar 12, 2026 | In contract | - | |
| In contract | |||
| Feb 23, 2026 | Listed by Coldwell Banker American Dream | $545,000 | |
| Listed by Coldwell Banker American Dream | |||
| | |||
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BEAUTIFUL WATERFRONT BARNDOMINIUM ON ALMOST HALF AN ACRE. THIS 3 BEDROOM 3.5 BATH HOME HAS WONDERFUL WATERVIEWS AND IS IN EXCELLENT CONDITION WITH VINYL WOOD PLANK FLOORS, OPEN DESIGN WITH WOOD BURNING STOVE, PRETTY KITCHEN WITH CUTTING BOARD COUNTERTOPS AND COUNTRY SINK. TWO UPSTAIRS BEDROOMS HAVE WOOD CEILINGS, WALK-IN SHOWERS IN BATHS, SMALL UPSTAIRS BALCONY, ONE DOWNSTAIRS BEDROOM AND BATH, HUGE OUTDOOR DECK AND LARGE COVERED SCREENED IN DECK, STEEL SEAWALL, BOATHOUSE, SEA-DOO LIFT, LARGE 2 DOOR GARAGE WITH FOAM INSULATION, LOTS OF PARKING, GATED ENTRY, NO RESTRICTIONS, NO POA, NOT IN THE CITY. GREAT LAKE HOME RETREAT, OR AIRBNB.
| |||
| Nov 4, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 25, 2025 | Price Decreased |
$549,000
↓ $20K
(3.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017